£465,271
This estimated value is based upon the latest sale price for the house of £370,000 on 30 Apr 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £370,000 | 30 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2018 the House Price Index for ESSEX was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £370,000 results in an estimated price of approximately £465,271.
| 30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £370,000 | £95,271 | £465,271 |
The Postcode Pricing Model uses changes in average sales price within the CO15 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 15.054 % | £55,700 | £425,700 |
| 3 Month Average | 16.393 % | £60,655 | £430,655 |
| 6 Month Average | 11.767 % | £43,538 | £413,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £554,064 | £540,000 | 59 GAINSFORD GARDENS |
| 30 Aug 2023 | £427,714 | £420,000 | 5 GAINSFORD GARDENS |
| 27 Apr 2022 | £752,131 | £725,000 | 19 DEANHILL AVENUE |
| 30 Jan 2020 | £365,551 | £297,500 | 52 GAINSFORD GARDENS |
| 19 Dec 2019 | £336,768 | £272,500 | 21 DEANHILL AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 12 Jan 2018. Using an estimated price of £465,272 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on GAINSFORD GARDENS is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwood Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Norwood Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Marina Gardens |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Barrington Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barrington Gardens |